CAclubindia News


CA day celebration at ICAI

   30 June 2016 at 10:39

ICAI celebrates its Foundation Day as the Chartered Accountants’ Day on 1st July every year. This year, the Chartered Accountants’ Day Celebrations of the ICAI will be held on 1st July, 2016 in the `Plenary Hall’, Vigyan Bhawan, Mau

Posted in Professional Resource  5 comments |   5967 Views


CBEC survey says 45 percent saw improvement in taxpayer services

   30 June 2016 at 10:39

Tax payers Survey got conducted by Central Board of Excise & Customs (CBEC) for garnering a feedback on impact that reforms undertaken during the last two years; Responses showed that 45% of the respondents saw an attitudinal change in senior fun

Posted in Income Tax  3 comments |   2769 Views


Cabinet approves Implementation of the recommendations of 7th Central Pay Commission

   30 June 2016 at 10:39

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the implementation of the recommendations of 7th Central Pay Commission (CPC) on pay and pensionary benefits. It will come into effect from 01.01.2016. In the past, the

Posted in Community & General |   4191 Views


New TDS/TCS RPU and FVU versions released

   29 June 2016 at 11:41

Due date for filing Quarterly TDS/TCS statement for Q1(April to June) of FY 2016-17 is July 31, 2016 for all the categories of Deductors/Collectors. Do submit quarterly TDS/TCS statement on or before due date to avoid late filing fee under section 23

Posted in Income Tax  7 comments |   7494 Views


Further clarification issued on Income Declaration Scheme

   28 June 2016 at 11:10

Page 1 of 4Circular No. 24 of 2016F.No.142/8/2016-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(TPL Division)***Dated 27th of June, 2016Clarifications on the Income Declaration Scheme, 2016The Income Decl

Posted in Income Tax  1 comments |   4983 Views


Time table for CS Dec 2016 exams released

   27 June 2016 at 10:26

Time Table and Programme for December, 2016 Examination

Posted in Exams |   11343 Views


PM says last chance to declare undisclosed income

   27 June 2016 at 10:26

Prime Minister speaks on Income Declaration Scheme in Mann ki Baat The Honourable Prime Minister, Shri Narendra Modi, in his radio programme, Mann ki Baat aired on Sunday, 26th June, 2016, advised his countrymen about the benefits of declaring hithe

Posted in Income Tax |   4059 Views


TCS at 1 percent only applicable on cash portion of sale

   25 June 2016 at 12:09

Circular No. 23/2016F.No.370142/17/2016-TPLGovernment of IndiaMinistry of FinanceDepartment of revenueCentral Board of Direct Taxes(TPL Division)Subject: Amendment in Section 206C of the Income-tax Act vide Finance Act 2016 In order to curb the cash

Posted in Income Tax  15 comments |   10929 Views


Clarification regarding HUF cannot be partner in a partnership firm

   24 June 2016 at 10:45

Clarification that HUF cannot be a partner but its karta or any individual of HUF can be a partner in a partnership firm in its individual capacity and not the HUF.

Posted in Professional Resource  4 comments |   9756 Views


Empanelment as examiners for CA exams

   24 June 2016 at 10:45

Applications are invited from eligible members of the Institute and other professionals including academicians of reputed educational institutions, tax and legal practitioners etc., having a flair for academic activities including valuation of answer

Posted in Exams  5 comments |   7272 Views



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